TravelPerk changed its name to Perk in a bid to lose the perception that the company is solely about "travel." Will the rebrand help lead Perk toward an exit, like Navan did with its IPO?
Investor confidence in Upgrade suggests that BNPL in travel may be shifting from an optional feature to a required one, but it still has to prove it can weather the next credit cycle.
Amex GBT and SAP Concur are finally doing what challengers have long promised: one system for everything. The real test is whether two corporate heavyweights can deliver speed and simplicity without the baggage of enterprise software.